Is Spearsville, LA 71277 a buyer’s or seller’s market?

3 months ending August 31, 2026 · Source: Redfin

Spearsville is a balanced market. With about null months of supply, well-priced homes can still draw more than one offer, but buyers have some room to negotiate.

Months of supply—Under 4 months = seller’s market
Sold above original list0%Share of sales, last 3 months
Median sale-to-list—Sold price ÷ list price
Median days on market103Listing to accepted offer
Median price per sq ft$68

The Spearsville housing market right now

In the three months ending August 31, 2026, 0% of homes in Spearsville, LA 71277 sold above their list price and the typical home went under contract in 103 days. With only 1 sale, these figures can swing a lot from month to month.

Within Union Parish, homes here sell more slowly than in 83% of the county’s ZIP codes, and sell less often over asking than in any other ZIP code in the county.

Nearby, Marion 71260 (50% sold over asking) and Downsville 71234 (18% sold over asking) are even more competitive.

Nearby markets

Bernice 71222Buyer’s market $165 /sq ftDownsville 71234Seller’s market $117 /sq ftFarmerville 71241Balanced $145 /sq ftLillie 71256Seller’s market $59 /sq ft Browse all markets →

Where Spearsville is

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Questions about Spearsville real estate

How fast do homes sell in Spearsville?

The typical home went under contract in 103 days in the latest three months.

Do homes in Spearsville sell over asking?

0% of homes sold above their original list price.

What are property taxes in Spearsville?

About 0.46% of a home’s value a year in Union Parish, or roughly $1,840 on a $400,000 home.

What is the median home price in Spearsville?

The median sale price was $149,835 in the three months ending August 31, 2026, about $68 per square foot.

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Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology